Acquisition financing for mixed-use development
Represented lender in acquisition financing of a mixed-use development on the south side of downtown Birmingham, Alabama.
Representation of lender in making "leverage loan" in connection with New Markets Tax Credit financing
Analyzed risk issue for depository institution making a leverage loan in connection with a qualified equity investment in a community development entity which in turn made loan to a borrower developing a lumber mill. Negotiated inter-creditor terms with equity investor and forbearance and repurchase arrangements with the community development entity and its sponsor. $20 million.
Formation and capitalization of Lane Parke
Advised Daniel Realty Company in the formation and capitalization of a joint venture with Evson, Inc. to build the Lane Parke development in Mountain Brook, Alabama.